At Fastmarkets’ International Iron Ore & Green Steel Summit 2025, we expect topics such as iron ore pricing trends, green steel developments and growing demand for high-grade pellets to emerge. The event will address decarbonization, Europe’s green steel growth and shifts in scrap and pellet markets driven by supply and cost changes.

The Chinese steel market is expected to remain reliant on export-led growth for the rest of 2025, amid poor domestic consumption and a lack of investor confidence in the property sector, delegates were told at the Singapore International Iron Ore Forum on Wednesday May 28.

Seaborne iron ore prices are on the rise due to increased trading activity and stable market fundamentals, highlighting steady demand and opportunities for growth while emphasizing the importance of monitoring market trends to manage risks effectively.

South Africa’s newly approved Critical Minerals and Metals Strategy and the draft of the 2025 Mineral Resources Development Bill (MRDB) have drawn significant attention from global market participants, particularly manganese and chrome buyers in China.

Following the month-long consultation period, the name and the specifications of the abovementioned value-in-use adjustments will be amended in line with the launch of the MB-IRO-0191 61% Fe iron ore fines, cfr Qingdao index. MB-IRO-0018 Iron ore 61% fines, % Fe VIU, cfr Qingdao, $/tonneIron Value In Use adjustments (Fe -VIU)Value of Iron Ore at X% Iron […]

Fastmarkets has decided not to proceed with the proposed amendment to the name and specifications of the MB-IRO-0008 iron ore 62% Fe fines cfr Qingdao index. After a consultation period, Fastmarkets has determined that current circumstances do not make the proposed amendments to the index viable. Fastmarkets reserves the right to start a fresh consultation on […]

The update can be found here or on the Fastmarkets platform via a search of the report’s headline.

After a consultation period, which started on April 29, Fastmarkets has determined that current circumstances do not make the amendment to the MB-IRO-0010 62.5% Fe Australia-origin lump ore premium, cfr Qingdao viable. Fastmarkets reserves the right to start a fresh consultation on amending the price in future should circumstances change. To provide feedback on this decision […]

Following a month-long consultation period which took place between May 5-30, Fastmarkets will launch the daily 61% Fe fines index to better track and reflect the spot price of mid-grade sinter fines in the CFR Qingdao spot market, in line with the latest quality of mid-grade fines commonly traded in the market.MB-IRO-0191 Iron ore 61% Fe fines, […]

Several key developments will determine how the global iron ore market performs in the coming months, sources told Fastmarkets this week: uncertainty over China-US trade tensions; the likelihood of Chinese crude steel production cuts; the declining quality and premiums for mid-grade ore from Australia; and the increased use of lower-grade iron.